Meridian Energy Limited

NZSE MEL.NZ

Meridian Energy Limited Gross Profit Margin for the year ending June 30, 2024: 15.09%

Meridian Energy Limited Gross Profit Margin is 15.09% for the year ending June 30, 2024, a -24.71% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Meridian Energy Limited Gross Profit Margin for the year ending June 30, 2023 was 20.04%, a 130.16% change year over year.
Meridian Energy Limited Gross Profit Margin for the year ending June 30, 2022 was 8.71%, a -55.97% change year over year.
Meridian Energy Limited Gross Profit Margin for the year ending June 30, 2021 was 19.78%, a 0.32% change year over year.
Meridian Energy Limited Gross Profit Margin for the year ending June 30, 2020 was 19.72%, a -1.02% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NZSE: MEL.NZ

Meridian Energy Limited

CEO	Mr. Neal Barclay BCA, CA (NZICA)
IPO Date	Oct. 28, 2013
Location	New Zealand
Headquarters	55 Lady Elizabeth Lane
Employees	936
Sector	Utilities
Industries Renewables Electricity Utility

Description

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. It generates electricity through wind farms, hydro power stations, and solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing platform, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. The company was formerly known as Hydro Energy Limited and changed its name to Meridian Energy Limited in March 1999. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand. Meridian Energy Limited Operates as subsidiary of New Zealand Government

Key trends

Past 5 years